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Some Advanced Time Value of Money (TVM) Numerical Problems 14. Suppose that Sandeep invests $1,000 and it earns 11% a year for 4 years. He

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Some Advanced Time Value of Money (TVM) Numerical Problems 14. Suppose that Sandeep invests $1,000 and it earns 11% a year for 4 years. He then adds SX to this future amount and proceeds to grow that combined sum for 10 more years at an 8% rate. If Sandeep's final account level is $8,098.28 after the full 14 years, then what must SX (his timepoint 4 deposit) have been? Timeline wl be very helpful here A. S1,757 B. S2.233 C. $1,852 D. S2,164 15. Two annuities have the same number and size of payments ..and the same level of risk. But one of these is an ordinary annuity while the other is an annuity due. If the annuity due is worth $56.00 more than the ordinary annuity, and both streams have a discount rate of 5.0%, then what must be the present value of the annuity? A. $878 B. $1,120 C. $1,276 D. $1,452

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